bank-owned properties, banks taking over a record 1.2 million homes this year. realtytrak saying the market is on pace to get through the inventory of foreclosed homes in about three years. jenna: "happening now" we have new numbers on the labor market. it's thursday, we get the numbers every thursday. the amount of americans filing for the very first time for unemployment, and the latest number dropped by 15,000, so eric bolling is here from the fox business network to tell us, is that good news, eric? >> it's better than expected. the number was supposed to go down by 5000t. went down by 16,000, so the number, 460,000, first-time claims, sounds like good news, it's really not good news when you look at this. here's where you need to be. at 350,000, first-time claims, when the number is above that, that's a bad thing, that means the economy is actually losing jobs. it needs to dip below 350,000 first-time claims for you to really feel a job growth in the economy. jenna: so we're about 100,000 away from that.